Common use of Time of billing Clause in Contracts

Time of billing. The ATTORNEY shall submit billing statements for the ATTORNEY’S fees, costs, and expenses on a monthly basis not later than the fifth (5th) day of the following month. Each statement of fees, costs, and expenses will represent an implied warranty that the statement sets forth only the actual time spent and only the actual costs and expenses incurred. Payment from the CITY shall be made within thirty (30) days of receipt. If the CITY has any disagreement about the amount billed, the CITY shall advise the ATTORNEY in writing within fifteen (15) days of receipt of the billing statement. Failure to timely notify the ATTORNEY shall be deemed acknowledgment by the CITY that the ▇▇▇▇ is both accurate and fair.